Market Condition Report for June 2008

kendrawall — Tue, 17 Jun 2008 03:02:18 +0000

REOs remain low for San Francisco and Santa Clara counties…but they are on the rise.

New REOs (Bank Owned Property) for the month of June 2008 are as follows:

San Francisco County: 172

San Mateo County: 378

Santa Clara County: 1,669

Sacramento county: $5,499

Information provided by Chicago Title.

Hello REO Sellers, Hello Foreclosure Buyers

kendrawall — Mon, 09 Jun 2008 08:16:51 +0000

Welcome to Bay Area Bank Foreclosures! I have a goal of bringing you information. If you are buyers looking for deals, sellers in short-sale situations or banks looking for specific market information, buyer price opinions, pre-auction or post-auction assistance in pricing and marketing of property in the Bay Area, you have come to the right place.

I currently have listings in San Francisco, San Mateo, San Bruno, South San Francisco, Oakland, and Sonoma County. Prices range from $299K in Sonoma County to $700K in San Francisco. They are in various stages of the recovery and marketing processes and I will be featuring them on this site as they become available.

Besides providing information on Bay Area Foreclosures, I would like to open this forum up to people within the REO (Real Estate Owned) industry and buyers looking to purchase distressed and foreclosed real estate. If you have questions, please comment or email me directly and I will do my best to get you an answer or direct you to the proper party. If appropriate I will share any questions/answers I find valuable to buyers/sellers of bank owned property.

You can contact me at 415.987.4420 for more information.

Happy Blogging!